Mg Tech Consulting Ltd
12840340
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/06/2025
micro entity
Next accounts due
31/03/2027
Confirmation statement
Last: 01/08/2025
Due 15/08/2026
Industry
Officers
director · Since 27/08/2020
DIRECTOR
BRITISH · ENGLAND · Age 30
Also on 1 other board
Persons with Significant Control
Mr Mahomed Suhayl Gaffar
British · England · Age 30
15, Steele Close, Leicester, LE5 4LW
Notified 27/08/2020
Uzair Gaffar
British · England · Age 19
15, Steele Close, Leicester, LE5 4LW
Notified 27/06/2023
Former PSCs
Aliyah Gani
Ceased 20/04/2022
CompanyRankvs 101295+ SIC 62020 peers31
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£85k
Working capital
Current Assets
£3k
Current Liabilities
£89k
Fixed Assets
£82k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.04 | +£0 |
| 2025 | 0.04 | -£5k |
| 2024 | 0.74 | — |
| 2023 | 0.03 | — |
| 2022 | 3.13 | — |
Derived from filed accounts. Not audited figures.